NMDC’s steel plant in Nagarnar, Chhattisgarh, conducted a steel-grade pig iron auction for 2,000 t on 22 May’25. The entire quantity received bids at an average of INR 32,600/t against a base price of INR 32,000/t. However, management approval is still pending. In the previous approved auction, held on 14 May’25, out of 10,000 t, 4,500 t were booked (by road) at an average price of INR 32,500/t.
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